Yes, but the game is very easy, so a lot of different strategies get you close to the cap.
I’ve been thinking about it, and I’m not sure if this is the case in the sense you mean it—expected money maximization doesn’t reflect human values at all, white Kelly criterion mostly does, so if we make our assumptions more realistic, it should move us away from expected money maximization and towards the Kelly criterion, as opposed to moving us the other way.
I’ve been thinking about it, and I’m not sure if this is the case in the sense you mean it—expected money maximization doesn’t reflect human values at all, white Kelly criterion mostly does, so if we make our assumptions more realistic, it should move us away from expected money maximization and towards the Kelly criterion, as opposed to moving us the other way.